Revelstone Capital Acquisition Corp.: Nasdaq/NYSE listing notice — Revelstone Capital receives Nasdaq deficiency notice for delayed Q1 10-Q; filed to regain compliance

Revelstone Capital Acquisition Corp.

Received deficiency notice on May 24, 2023 for failing to timely file Q1 2023 Form 10-Q.
Filed the 10-Q on May 25, 2023, to regain compliance with Nasdaq Listing Rule 5250(c)(1).
Notice has no immediate effect on listing or trading of RCAC securities.
Company had 60 days to submit a compliance plan; now expects to be in compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Revelstone Capital Acquisition Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

May 24, 2023, Revelstone Capital Acquisition Corp., a Delaware corporation (the “ Company ”) received a notification letter (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “ 10-Q ”) with the Securities and Exchange Commission (the “ SEC ”), the Company was not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule ”). The notification letter has

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Source: SEC EDGAR

accession 0001104659-23-065498

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